Browne Academy

EIN: 232261841 501(c)(3)

Alexandria, VA

Total Revenue
$8,378,558
Total Expenses
$8,792,907
Total Assets
$9,865,437
Net Assets
$2,529,899
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
VA
Principal Officer
Peggy Otey
Phone
7039603000
Tax Period
2024-09-01 to 2025-08-31

Browne Academy, founded in 1984, is a community nonprofit that reported $8.4M in total revenue in fiscal year 2024.

Mission

The Academy is a pre-kindergarten through grade eight independent school preparing girls and boys in the metropolitan Washington, DC area for competitive secondary schools. The Academy is a diverse independent day school committed to developing the whole child.

Program Service Accomplishments

Program 1
Expenses: $7,273,384 Revenue: $6,558,536

An unwavering commitment to academic excellence forms the cornerstone of the Academys educational philosophy. The School achieves this commitment by fostering a passion for lifelong learning and by...

Read more

An unwavering commitment to academic excellence forms the cornerstone of the Academys educational philosophy. The School achieves this commitment by fostering a passion for lifelong learning and by channeling this passion into a rigorous educational program. A comprehensive and challenging curriculum provides the essential foundation for each students (221 students) future academic success, physical growth and emotional development. This curriculum is designed to promote student excellence within and across each of the following disciplines: English (language arts and reading), mathematics, science, world languages, social studies and history, fine arts, technology, and physical education. The Academy offers a wide variety of extracurricular activities ranging from sports (soccer, basketball, and softball) to the fine arts (drama, art, and music lessons). Each trimester the Academy offers new extracurricular opportunities through the extended day program which offers services from 7:00 to 8:00 AM and 3:15 to 6:00 PM.

Program 2
Expenses: $442,128 Revenue: $1,230,165

The Academy also offers a summer camp for eight weeks throughout the summer that operates on the entire 11 acre campus (approximately 570 students). Camp attendees are offered various educational...

Read more

The Academy also offers a summer camp for eight weeks throughout the summer that operates on the entire 11 acre campus (approximately 570 students). Camp attendees are offered various educational activities that are dedicated to providing a memorable experience for every camper in a safe, fun-filled and caring environment that fosters friendship and mutual respect for one another. Camps are also offered over the winter holiday break and spring break.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $538,856
Program Service Revenue $7,776,757
Investment Income $49,301
Other Revenue $13,644
TOTAL REVENUE $8,378,558

Expense Breakdown

Grants Paid $313,028
Salaries & Benefits $6,025,283
Fundraising Expenses $313,514
Program Expenses $7,715,512
Other Expenses $2,454,596
TOTAL EXPENSES $8,792,907

Year-over-Year Comparison

2024 2023 Change
Revenue $8,378,558 $7,901,152 +0.1%
Expenses $8,792,907 $8,372,051 +0.1%
Net Income $-414,349 $-470,899 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
157
Volunteers
150

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$631,743
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peggy Otey President/Head of School 50.00
Officer
$335,791 $58,990 $394,781
Kenneth Marter CFO/Treasurer 50.00
Officer
$151,644 $18,838 $170,482
Mike Sasso Director of Advancement & Institutional Growth 40.00
Highest
$123,947 $7,361 $131,308
Steve Marshall Dir of Admissions 40.00
Highest
$105,427 $14,045 $119,472
Kim McCue Assoc Head of School 40.00
Highest
$104,689 $22,849 $127,538
Dora Edge Secretary/Executive Assistant 1.00
Officer
$58,039 $8,441 $66,480
Rudy Brioche Trustee 1.00
Director
$0 $0 $0
Joan DeBoer Trustee 1.00
Director
$0 $0 $0
Patricia M St George Trustee 1.00
Director
$0 $0 $0
Marija Zivanovic-Smith Trustee 1.00
Director
$0 $0 $0
Cecelia Prewett Trustee 1.00
Director
$0 $0 $0
Julia Ebron Trustee 1.00
Director
$0 $0 $0
Roslyn Brooks Trustee 1.00
Director
$0 $0 $0
Valerie Hardy Trustee 1.00
Director
$0 $0 $0
Ashley Saville Trustee 1.00
Director
$0 $0 $0
John Nash Trustee 1.00
Director
$0 $0 $0
Raven White Trustee 1.00
Director
$0 $0 $0
Joseph King Trustee 1.00
Director
$0 $0 $0
Jimm Spannagel Trustee 1.00
Director
$0 $0 $0
Dawn Biggins Chair 1.00
Officer Director
$0 $0 $0
Charles Platt Vice Chair 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $8,378,558 $8,792,907 $9,865,437 $-414,349
2024 $7,901,152 $8,372,051 $10,918,326 $-470,899
2023 $9,807,268 $8,927,475 $11,183,860 $879,793
2022 $9,824,282 $9,196,298 $10,406,201 $627,984
2021 $8,503,997 $8,388,885 $10,717,747 $115,112
2020 $7,215,071 $8,341,053 $9,567,337 $-1,125,982
2019 $7,223,241 $7,941,268 $10,069,073 $-718,027
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Browne Academy with other nonprofits in Virginia and across the country.